for the year ended March 31, 2023
| Schedule | Year ended 31.03.2023 |
Year ended 31.03.2022 |
|
| I. INCOME | |||
| Interest earned | 13 | 1,210,668,098 | 954,068,654 |
| Other income | 14 | 651,119,912 | 621,294,514 |
| TOTAL INCOME | 1,861,788,010 | 1,575,363,168 | |
| II. EXPENDITURE | |||
| Interest expended | 15 | 505,433,879 | 411,666,711 |
| Operating expenses | 16 | 824,390,232 | 731,517,275 |
| Provisions and contingencies (refer note 18.6) | 187,333,629 | 174,340,856 | |
| TOTAL EXPENDITURE | 1,517,157,740 | 1,317,524,842 | |
| III. PROFIT/(LOSS) | |||
| Net profit for the year (before share in profit of associates and minority interest) | 344,630,270 | 257,838,326 | |
| Add: Share of profit in associates | 9,982,876 | 7,544,279 | |
| Net profit for the year before minority interest | 354,613,146 | 265,382,605 | |
| Less: Minority interest | 14,246,738 | 14,281,645 | |
| Net profit after minority interest | 340,366,408 | 251,100,960 | |
| Profit brought forward | 508,988,514 | 385,155,990 | |
| TOTAL PROFIT/(LOSS) | 849,354,922 | 636,256,950 | |
| IV. APPROPRIATIONS/TRANSFERS | |||
| Transfer to Statutory Reserve | 79,742,000 | 58,349,000 | |
| Transfer to/(from) Reserve Fund | - | - | |
| Transfer to Capital Reserve | 878,200 | 15,742,037 | |
| Transfer to Capital Redemption Reserve | - | - | |
| Transfer to/(from) Investment Reserve Account | - | - | |
| Transfer to/(from) Investment Fluctuation Reserve | 1,043,810 | 3,828,798 | |
| Transfer to Special Reserve | 26,254,000 | 15,328,500 | |
| Transfer to/(from) Revenue and other reserves | 50,255,680 | 657,420 | |
| Dividend paid during the year | 34,794,463 | 13,852,335 | |
| Balance carried over to balance sheet | 656,386,769 | 528,498,860 | |
| TOTAL | 849,354,922 | 636,256,950 | |
| Significant accounting policies and notes to accounts | 17 & 18 | ||
| Earnings per share (refer note 18.1) | |||
| Basic (₹) | 48.86 | 36.21 | |
| Diluted (₹) | 47.84 | 35.44 | |
| Face value per share (₹) | 2.00 | 2.00 |
The Schedules referred to above form an integral part of the Consolidated Profit and Loss Account.
As per our Report of even date.
For M S K A & Associates
Chartered Accountants
ICAI Firm Registration no.:
105047W
Tushar Kurani
Partner
Membership no.: 118580
For KKC & Associates LLP
Chartered Accountants
ICAI Firm Registration no.:
105146W/W100621
Gautam Shah
Partner
Membership no.: 117348
For and on behalf of the Board of Directors
Girish Chandra Chaturvedi
Chairman
DIN-00110996
Anup Bagchi
Executive Director
DIN-00105962
Anindya Banerjee
Group Chief Financial Officer
Uday M. Chitale
Director
DIN-00043268
Rakesh Jha
Executive Director
DIN-00042075
Prachiti Lalingkar
Company Secretary
Sandeep Bakhshi
Managing Director & CEO
DIN-00109206
Sandeep Batra
Executive Director
DIN-03620913
Rajendra Khandelwal
Chief Accountant
Mumbai
April 22, 2023
